After BTC broke through the inverse H&S, reaching a high of 31069.5, it subsequently entered a descending channel, with the price falling to around the support range of 25900.
Before breaking out of the descending channel, the expected price level was around 24000. However, with BTC breaking through the resistance trendline yesterday, it indicates that the BTC bulls will continue.
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Currently, the price is around 29,000, and a few target price levels to watch are:
29133.0
30301.5
Previous high 31069.5
Target price of the inverse H&S 35252.0~35479.0
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Before breaking out of the descending channel, the expected price level was around 24000. However, with BTC breaking through the resistance trendline yesterday, it indicates that the BTC bulls will continue.
-
Currently, the price is around 29,000, and a few target price levels to watch are:
29133.0
30301.5
Previous high 31069.5
Target price of the inverse H&S 35252.0~35479.0
-
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